Category: California Financial Elder Abuse Attorney

ATTORNEY NEWSLETTER Complex Contracts With Penalties To Exit Sales Commissions And Fees Erode Returns Unfavorable Interest Crediting Formulas Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency and are illiquid. The contracts are illiquid […]

ATTORNEY NEWSLETTER Financial Elder Abuse By Dishonest Caregivers Case Example Protecting Seniors Many older Californians and their families elect to remain in their homes when they age and hire in-home caregivers to assist them when they can no longer care for themselves.  Many caregivers are hardworking, compassionate people who truly […]

ATTORNEY NEWSLETTER 93-Year-Old Victim Check Fraud Allegations Protecting Older Loved Ones The Office of Comptroller of the Currency recently reported that in 2022 there were 680,000 claims of suspected check fraud in the United States, more than double the number reported in the previous year.  Although any person can be […]

ATTORNEY NEWSLETTER Some Recommended Rules From Financial Advisors Financial elder abuse is an especially disastrous form of abuse of seniors, and millions of seniors are victims of financial elder abuse every year in this country.  Senior victims of financial elder abuse are frequently targets of abuse from the very people […]

ATTORNEY NEWSLETTER Fixed And Indexed Annuities Disadvantages For Seniors Surrender Penalties And Fees Deferred annuities are marketed in a variety of different product names by numerous life insurance carriers. The two primary types are fixed and indexed contracts, with many blends of both the “fixed” and “indexed” characteristics in between.  […]

ATTORNEY NEWSLETTER Prison Sentence And Restitution Ordered Forged And Altered Checks And Unauthorized Credit Card Charges Victim Forced To Sell Home While most financial elder abuse starts out relatively small, the amounts stolen grow over time as the predator gets away with his or her theft.  Caregivers and family members […]

ATTORNEY NEWSLETTER Caregiver Entrusted To Pay Victim’s Bills Unpaid Rent Leads To Eviction Caregiver Allegedly Stole Thousands While most financial elder abuse starts out relatively small, the amounts stolen grow over time as the predator gets away with his or her theft.  Left undetected, financial elder abuse can go on […]

ATTORNEY NEWSLETTER What Are Payable On Death Beneficiary Designations? Importance Of Keeping Designations Current Case Example Of What Can Go Wrong A payable on death (POD) beneficiary designation is a way to name a beneficiary who will automatically receive the assets of a bank, retirement, or other investment account or […]

ATTORNEY NEWSLETTER Agency To Pay $100,000 Fine District Attorney Says Thousands Stolen From Patient Importance Of Background Checks<h3> Before you ever let a stranger into a senior’s home as a caregiver or in other capacity to work in the home, conduct your own background check on the individual.  Ask for […]

ATTORNEY NEWSLETTER Case Example Of Caregiver Fraud 86-Year-Old Victim Protecting Older Loved Ones From Caregiver Fraud Never hand an ATM/debit card or credit card to a caregiver and ask them to go get cash or make purchases.  Never give out any PIN numbers. Never give a caregiver or other person […]